Category: Business
-
Amazon Will Launch 3000+ Satellites To Offer High Speed Internet In India
Amazon is working on bringing high-speed satellite internet services to India, joining the race and competing against Bharti-backed One-Web and Elon Musk’s SpaceX. Read on to find out all the details about Amazon’s plans about introducing its own internet services! Amazon To Introduce High-Speed Satellite Internet Services To India The global e-commerce giant is planning…
-
‘Pilots Are Forgotten As Frontline Workers’: Air India Pilot’s Daughter Who Lost Her Father To COVID-19
On the day Sumedha got the first job of her life in Canada, she messaged a person in the hospital to convey the good news to her father. Her father, Captain Amitesh Prasad was suffering from COVID-19 and was hospitalised. Sumedha thought that the happy news of her job would help Caption Prasad recover faster.…
-
This Startup By Indian Entrepreneur Gets Funding From 7 Unicorn CEOs! What’s The Secret Idea?
Justos is a Brazilian startup co-founded in Oct 2020 by Dhaval Chadha, Jorge Soto Moreno, and Antonio Molins. The startup focuses on collecting drivers’ data to determine the rate of their auto insurance. Those with safe driving habits would be rewarded with fairer prices. About Justos The app will collect user data on their phones…
-
McDonald’s Is Giving FREE iPhones To New Recruits & We Wish To Join Their Team
The pandemic has badly hit the F&B industry. It not only caused restaurants to shut down but also caused an extreme shortage of labour. The long working hours and minimum wages are affecting the new recruitments in fast food outlets, especially in the US. To draw the attention of new recruits, McDonald’s in Illinois is…
-
COVID-19: Accelerating the use of digital agriculture
COVID-19 has revealed the vulnerability of agricultural and food policies in low- and middle-income nations. Up to 70 to 80 percent of smallholder farmers, the backbone of rural markets, has reported that they are more severe than they were at the onset of the pandemic. As the pandemic continues, digital agriculture enables smallholders to receive…
-
Victims of Covid-19 Eligible For Rs 2 Lakh Insurance Under This PM Health Scheme
With the accelerating number of Covid-19 incidents across the country, the death rate is growing manifold too. Several are losing their parents, grandparents, and some even children to the second wave of the dangerous pandemic. Amid daily report of families losing their breadwinners, the government-backed Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) can be recognized…
-
Lockdown Ends Partially in Pune: Weekend Shops Allowed To Be Open For Essential Goods
As there is a continuous drop in Corona Virus infection (COVID-19) cases in the town, Pune Municipal Corporation (PMC) has determined to allow essential shops to remain open on all days between 7 am to 11. This order will be executed from May 29, Saturday. An announcement issued by the chief minister’s office (CMO) stated,…
-
RBI Imposes Rs 10 Crore Penalty On HDFC Bank
The Reserve Bank of India (RBI) declared a monetary penalty of Rs. 10.00 crore on HDFC Bank for violating section 6(2) and section 8 of the Banking Regulation Act, 1949. The RBI levied this fine in accordance with the provisions of Section 47A(1)(c) read with Section 46(4)(i) of the Act. This procedure is based on…
-
Canara Bank to raise Rs. 9,000 Crore by way of Equity and Debt Instruments
Mumbai: Canara Bank, the leading nationalized bank, in its Board of Directors meeting, held today, i.e., 28.05.2021, has approved the Capital Raising Plan of the Bank for the Financial Year 2021-22 amounting up to Rs. 9,000 Crore by way of Equity and Debt Instruments. The Board of Directors of the Bank has approved to Raise…
-
PayTm All Set To Launch India’s Biggest Ever IPO Valued At Rs 21,800 Crore!
What could be the largest debut ever this year, India’s leading digital payments provider, Paytm aims to raise about 21800 crores in an initial public offering. India’s Biggest Ever IPO The person, under the condition of anonymity, said that there are plans by investors like Berkshire Hathaway Inc., SoftBank Group Corp., and Ant Group Co.…